Aus dollar falls below 92 cents

The Australian dollar is continuing to sink, opening a shade above 92 US cents for the first time since early September 2010 as global equities plummet.

The Australian dollar is continuing to sink, opening a shade above 92 US cents for the first time since early September 2010 as global equities plummet.

At 0902 AEST, the local unit was trading at 92.07 US cents, down from 92.29 cents on Thursday.

In offshore trade, the currency fell to as low as 91.74 US cents.

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